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Modernizing Appraisals: Collaborative Valuation

Appraisal Buzz

This article was originally published in the Fall 2021 Appraisal Buzz Magazine here. Our profession has been abuzz the last year or two with regards to the GSEs being mandated to modernize the appraisal profession. Why are appraisers essentially being excluded from the conversation about modernizing the profession?

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Ready or not, CRA modernization is at the door

Housing Wire

Banks also would be able to get credit for community development activities, even if that work occurs outside of their branch footprint. The Office of the Comptroller of the Currency , or OCC, which supervises the largest banks, issued its own proposed update to the CRA in June 2020, but rescinded that rule in December 2021.

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3 mortgage industry trends that will define the rest of 2021

Housing Wire

But there are definitely a few main things to looks out for — many of which are carrying over from a turbulent 2020 and early 2021 — when it comes to the upcoming landscape for the rest of 2021: Lack of inventory Fluctuating interest rates Increased adoption of technology. Eric Levin is EVP of Client Development at Model Match.

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Class Valuation acquires AMC Valuation Connect

Housing Wire

According to Class, the two companies align on important issues, including culture, service, efficiency and technology development. This collaboration will allow us to accelerate the development of cutting-edge appraisal technology and deliver unmatched value.” Combining forces is going to be a win-win for all stakeholders.”

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The Fall 2021 Appraisal Buzz Magazine has Arrived

Appraisal Buzz

Racial Bias in appraising has been a hot button topic for the year of 2021. Barry Colen dives into this 10-15-minute Cost Approach development task to help walk you through your appraisal. The post The Fall 2021 Appraisal Buzz Magazine has Arrived appeared first on Appraisal Buzz.

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FGMC COO on why leaders invest in their greatest asset: their people

Housing Wire

As Chief Operating Officer at First Guaranty Mortgage Corp , Sarah Gonzalez has modernized the FGMC brand, recruited top talent and implemented operational efficiencies that significantly reduce the cost per loan across all production channels. What is your company doing to develop the next generation of leaders?

Investing 365
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Kadasinghanahalli Joins Mortgage Guaranty Insurance Corporation

Appraisal Buzz

MGIC Investment Corporation’s principal subsidiary Mortgage Guaranty Insurance Corporation (MGIC) has announced that Sri Kadasinghanahalli joined the company on October 18, 2021 as Vice President of Systems Development.

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